Tech will remain the worst performing sector for the next couple of years, perhaps longer.
I don’t think so. The pandemic has increased the demand for technology for businesses, schools, etc. This should have a positive effect on the tech sector.
Margins are evaporating with higher labor and input cost, eventually curbing demand. Businesses will not likely be increasing tech budgets.
Tech will remain the worst performing sector for the next couple of years, perhaps longer.
I don’t think so. The pandemic has increased the demand for technology for businesses, schools, etc. This should have a positive effect on the tech sector.
Are tech equities listed on S&P 1500? If tech equities listed on S&P 1500, then also on S&P 600, or S&P 400 & S&P 500. How do you buy? If you are a stock picker, you may select a winner but if you trade indices, all indices have or will go down with the ship, good earning or not. It's time for P/E ratios to compress thus money makers with decent earning still are going to go down.
It's time for P/E ratios to compress thus money makers with decent earning still are going to go down.
Yes because they are all in etf’s, mf’s, and other funds. But with flagging economy their earnings are likely to take a hit, so p/e’s might remain consistent. Who knows, it depends on a lot of things.
I don’t think so. The pandemic has increased the demand for technology for businesses, schools, etc. This should have a positive effect on the tech sector.
Margins are evaporating with higher labor and input cost, eventually curbing demand. Businesses will not likely be increasing tech budgets.
Rubbish. The demand for things like semiconductors and video conferencing platforms has never been greater. Tech budgets are trending upward.
”Overall, 53% of businesses in North America and Europe anticipate year-over-year tech spending to increase and 35% predict it will stay the same. Among businesses planning to boost tech spending in 2022, IT budgets are expected to grow by 26% (31% in North America vs. 21% in Europe), on average.”
Our annual research study on IT budgets and technology adoption trends, this year with a focus on the impact of a likely recession amid historic inflation.
Lack of posting on this thread tells you all you need to know. It ain’t fun or easy anymore.
Hey, Igy,
Just dropping in for a second to see how things are going with your caning job. Not the caning you are unleashing on the resident longs, the caning of that heirloom chair you should be working on (yeah, I know, you're obviously having a lot more fun here, as it's been going).
I got mine back from that cool dude who lives out on the island who re-canes these things. It is absolutely beautiful. Now i have a killer 1895 authentic piece that i rebuilt myself, restored, refinished, and professionally re-caned in its original style.
If the markets don't turn around soon, i may have to sell it along with all my belongings, so I am trying to not get too attached to it.
And stocks only go up... :-D Let's see where it ends the day.
My trademarked "cumulative VIX > 30" was at just shy of 18 at yesterday's close after 9 days above 30. According to data since 1992, days with VIX > 30 where that cumulative value was below 18 had an average 1-year gain of +4.5%, 2-year of +5.0% and 5-year of +33.8%. 11 of 27 days in my dataset with those conditions had negative 1-year change, with a maximum drop of -26.2%. The other 16 days had 1-year gains, with a biggest jump of +37.8% following Christmas Eve 2018.
Futures were up pretty high earlier but have been slowly and steadily declining. It should be an interesting day.
Lack of posting on this thread tells you all you need to know. It ain’t fun or easy anymore.
Hey, Igy,
Just dropping in for a second to see how things are going with your caning job. Not the caning you are unleashing on the resident longs, the caning of that heirloom chair you should be working on (yeah, I know, you're obviously having a lot more fun here, as it's been going).
I got mine back from that cool dude who lives out on the island who re-canes these things. It is absolutely beautiful. Now i have a killer 1895 authentic piece that i rebuilt myself, restored, refinished, and professionally re-caned in its original style.
If the markets don't turn around soon, i may have to sell it along with all my belongings, so I am trying to not get too attached to it.
Gotta go.
Hey Seattle, looks like an up day today. Before my wife went to the hospital I told her that I would have the chair finished before she returned. Well that didn’t happen. Instead I have become a most excellent house keeper and grocery shopper. The wife refused to eat my cooking. :-) She is doing very well by the way, but restricted from certain physical activities including driving. Then there is spring, I will be mowing for the first time on Saturday. As for the chair, the caning may resume once the wifely duties are passed on. Good luck with your trading.
Margins are evaporating with higher labor and input cost, eventually curbing demand. Businesses will not likely be increasing tech budgets.
Rubbish. The demand for things like semiconductors and video conferencing platforms has never been greater. Tech budgets are trending upward.
”Overall, 53% of businesses in North America and Europe anticipate year-over-year tech spending to increase and 35% predict it will stay the same. Among businesses planning to boost tech spending in 2022, IT budgets are expected to grow by 26% (31% in North America vs. 21% in Europe), on average.”
Igy what is your logic behind EMB? I see the loans are all USD-denominated, unlike EBND, for example. Default risk as USD strengthens and tax receipts fall?
Also, bonds in a rising rate environment? Are most of them short-term, or variable financing terms, or renewable?
Igy what is your logic behind EMB? I see the loans are all USD-denominated, unlike EBND, for example. Default risk as USD strengthens and tax receipts fall?
Also, bonds in a rising rate environment? Are most of them short-term, or variable financing terms, or renewable?
Some of the countries I like, some not so much.
I suppose all of those factors are risks. I am betting on the asset class generally, and relying on management to make investment decisions; NAV well above price, 11+% yield, and trading at 20 year low.
Igy what is your logic behind EMB? I see the loans are all USD-denominated, unlike EBND, for example. Default risk as USD strengthens and tax receipts fall?
Also, bonds in a rising rate environment? Are most of them short-term, or variable financing terms, or renewable?
Some of the countries I like, some not so much.
I suppose all of those factors are risks. I am betting on the asset class generally, and relying on management to make investment decisions; NAV well above price, 11+% yield, and trading at 20 year low.
Yes have thought about these various funds. It is the risks to the entire asset class that worry me, in addition to currency risk. Of course the additional risk is what gets the 10+% yield.
I suppose risks abound these days, even in the most reliable jurisdictions. I haven’t yet chosen which of the various funds I will buy, although I have figured out how much I think I want to put down. Am still waiting for further Russian developments.